Tag: retirement income
The Fact Sheet’s key findings are: The NRRI assumes that households buy an annuity at retirement. The NRRI (the percent of households ‘at risk’ in retirement) increases from 51 percent to 53 percent if households withdraw 4 percent per year; or 60 percent if households live off their interest. Not annuitizing hurts high-income households t…
The brief’s key findings are: Defined benefit pensions are waning due to financial volatility, regulations, and a changing economy. In the UK, pension buyouts – whereby sponsors pay an insurance company to take over plan assets and liabilities – have emerged to help manage the decline. In the US, policymakers resist buyouts, as they would…
